2024 in review: the key fintech trends of the year

Dec 20, 2024 · According to a November report by S&P Global, venture capital funding for GenAI companies is on pace to outdo the impressive $22.7 billion secured in 2023.By the end of the third quarter of 2024, GenAI start-ups had reportedly already raised over $20 billion in funding. With …

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2024 In Review: The Key Fintech Trends Of The Year

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What are the major fintech trends in 2024?

The ongoing transformation has brought forth innovative solutions, disrupted traditional models, and presented unparalleled opportunities for businesses and consumers alike. Fintech Review dives into the major fintech trend in 2024 that experts predict will shape the industry. 1. Decentralised Finance (DeFi) Expansion ...

Is 2024 a good year for fintech?

Opinions expressed by Forbes Contributors are their own. Alex Lazarow is a venture capitalist and the author of Out-Innovate. It’s always fun to do a retrospective on the year. 2024 was a year of surprises for the fintech sector. Some trends cooled. Others reignited with fervor. ...

Is 2024 a year of surprises in fintech?

2024 was a year of unexpected twists in fintech. But like some of the stock and crypto prices, fintech has gone from down-and-out category, to a core investment area. As we look to 2025, the stage is set for further surprises in an industry that never stays static for long. ...

How will fintech evolve in 2024?

Green and Sustainable Fintech Solutions In response to a global emphasis on sustainability and environmental stewardship, 2024 will witness the rise of green fintech trends, aligning financial technologies with ecological considerations. Fintech solutions will evolve, emphasizing sustainable investments and eco-conscious financial activities. ...

How will financial services evolve in 2024?

As 2024 comes to a close, key trends continue to reshape the global financial services landscape. The focus on customer experience, security, and accessibility remains paramount, while technological innovation drives the industry forward. ...

How will fintech change the financial industry?

If you have yet to wrap your head around the idea of ordering everything from groceries to your latest gadget online, then brace for more radical transformations currently in the works in the financial industry. These fintech trends will simply impact everything that involves money, from payment to banking. ...